Reuters AlertNet Lite - PRESS DIGEST - Thai newspapers Nov 22

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PRESS DIGEST - Thai newspapers Nov 22

22 Nov 2006 01:42:55 GMT
Source: Reuters

BANGKOK, Nov 22 (Reuters) - These are some of the leading stories in Thai newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

TOP STORIES

- The National Counter Corruption Commission has appointed a panel to investigate deposed Prime Minister Thaksin Shinawatra and other members of his government for alleged malfeasance in their privatisation of the Electricity Generating Authority of Thailand (EGAT) (THE NATION)

- The asset scrutiny committee confirmed that Thaksin's wife, Potjaman, would be charged with lying about a 738-million baht ($20 million) share transfer between her step brother Bannapot Damapong and her maid to avoid taxes (BANGKOK POST)

- The Council for National Security is preparing to issue a white paper spelling out the abuses of the Thaksin government in what is seen as a bid to deflate critics of the military top brass since the Sept. 19 bloodless coup (BANGKOK POST)

- A network of Thai restaurant franchisees called "Tom Yum Kung" operating in Malaysia has helped fund the separatist insurgency in the deep South, Prime Minister Surayud Chulanont said (BANGKOK POST)

- The first case of a mutated bacterium that American doctors fear more than Ebola has been isolated in Bangkok, experts said (THE NATION)

- The cabinet plans measures to curb lottery gambling among the public after deciding to continue the sale of two-and three-digit lottery tickets despite a chorus of opposition (BANGKOK POST)

BUSINESS

- Domestic brokers will be allowed to invest in overseas markets next year to encourage business expansion in anticipation of future liberalisation of the securities market, according to the Securities and Exchange Commission (BANGKOK POST)

- The Bank of Thailand is drafting new measures to help accelerate reductions in non-performing loans in the banking sector, sources said (BANGKOK POST)

- Manufacturers are urging the government to focus on the export market for small and fuel-efficient eco-cars instead of aiming at Thai buyers (THE NATION)

- EGAT is preparing to propose that it should build a further five power plants in the years from 2011 to 2015 on the expectation it will maintain its 50-percent market share of the domestic power supply market (THE NATION)

- Solar cell operator Ekarat Engineering <AKR.BK> will invest up to 800 million baht next year to purchase equipment for its new solar-cell plant (BANGKOK POST)

- Charoen Pokphand Foods <CPF.BK>, Thailand's biggest chicken exporter, plans to lower domestic investment over the next three years to shift its focus to offshore expansion (BANGKOK POST) ($1=36.60 Baht)

** Looking for more information from local sources? Factiva.com has eight Thai sources including the Bangkok Post

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Last updated:Wed Nov 22 01:45:19 2006